💡 #BNBHack Are you ready to enhance your experience with o | Crypto De Nostradame on Binance Square

Trending Articles

Bookmarked and Liked

See original

Crypto De Nostradame

--

Bullish

💡 #BNBHack   Are you ready to enhance your experience with our workshop?
Join our "Hackathon Pro Tips: Tools, Resources and Frameworks for Faster Development" 🚀
Live now 👉 https://www.youtube.com/watch?v=mwSAPEZGn_Y

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

7.5k

0

Replies 1

Quote 1

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Crypto De Nostradame

@SCdeNostradame

Explore More From Creator

Good news for altcoin investors: Positive signal from Ethereum (ETH)! Ethereum ($ETH ) reaching $ 3600 gave hope for an altcoin rally. Ethereum, which has been weak compared to Bitcoin for a while, finally managed to catch a breakout. The leader of altcoins, which stepped on the gas after exceeding $ 3500, reached $ 3600. With this development, sharp increases were observed in cryptocurrencies in the Ethereum ecosystem. The Market Value - Realized Value (MVRV) ratio, a metric frequently used to analyze Ethereum's market performance, stands out as a tool in determining investors' profitability and peak/bottom points for the market. The MVRV ratio measures the market value of an asset compared to its realized value, revealing whether the asset is overvalued or undervalued. MVRV Ratio Increase: An increase in the ratio indicates that more investors are in profit. However, when it reaches excessive levels, it indicates that the asset’s value may be inflated and the risk of a price correction is increasing. MVRV Ratio Fall: This indicates that investor profitability is decreasing, and low levels may present an attractive opportunity to accumulate. The 30-day MVRV ratio for Ethereum currently stands at 11.89 percent. This rate is far from the 18-22 percent range that is usually the local peaks. This data shows that the Ethereum price is not yet overvalued and that there is still potential for an increase. Another important metric, the Average Investment Age (MDIA), indicates that Ethereum may avoid further declines. MDIA measures the average age of all coins on a blockchain, weighted by purchase price. MDIA Rise: It indicates that coins are becoming more stable, meaning the probability of a sudden price increase is decreasing. MDIA Fall: It indicates that previously inactive coins are starting to move, indicating an increase in trading activity. The fact that MDIA is in a downtrend for Ethereum indicates that market activity is increasing and strengthens the possibility of a price rally for ETH.

--

Arthur Hayes' ENA move is surprising: The rise continues! Arthur Hayes has made a profit of $1.14 million by purchasing 16.79 million $ENA tokens in just two days. BitMEX founder Arthur Hayes has helped the Ethena (ENA) price increase by more than 22 percent in the last 24 hours by accumulating ENA tokens intensively. This development took place when Hayes reshaped his portfolio and directed his Aethir (ATH) assets, which he suffered major losses, to Ethena. At the time of writing, the ENA price is trading at $0.7502, up 22.50 percent, and its market value has reached $2.13 billion. In the last two days, Hayes has withdrawn a significant amount of Ethena from the Binance exchange, demonstrating his interest in the protocol. According to blockchain tracking platform Spot On Chain, Hayes recently withdrew another 10.36 million Ethena. The total value of these purchases reached $7.49 million, bringing the two-day total purchase amount to 16.79 million. Arthur Hayes’ average purchase price for ENA tokens is $0.66. This increase in the price of Ethena gave Hayes an unrealized profit of $1.14 million (about 14 percent). Hayes lost $815,000 by selling his long-held Aethir (ATH) holdings on Nov. 26. However, Hayes, who saw a quick opportunity in ENA, not only regained these losses within two days, but also made additional profits. Hayes, who has recently invested in Solana-based meme coins, made significant gains on Goatseus Maximus (GOAT) last month. Now, he is pointing to the FlowerAI (FLOWER) token as his new target. According to Coinglass data, ENA’s open interest volume increased by 23 percent to $374 million. Meanwhile, total ENA liquidations increased to $1.29 million, with $335,000 of these liquidations coming from long positions and $956,000 from short positions. In addition, the total value locked on the Ethena blockchain (TVL) increased to $4.09 billion.

--

A delightful rise in Ethereum: These 5 altcoins are on the offensive! Ethereum, which managed to gain strength against Bitcoin, accelerated its rise by breaking $ 3500. During this period, sharp increases were observed in Layer-2 projects. ETH, which made altcoin investors happy, is currently targeting $ 4000. 1- Ethereum Name Services (ENS) $ENS , which stepped on the gas after #Ethereum exceeded $ 3500, recorded a 32 percent increase in the last 24 hours. ENS, which quickly kept up with the positive outlook in ETH, made its investors happy. If the rise in Ethereum continues, ENS may target higher levels. 2- Ethena (ENA) Another Layer-2 project that rose with the influence of Ethereum, $ENA , experienced a 17 percent increase in the last 24 hours. ENA, which rose sharply after a long break, once again showed the importance of Ethereum. With #ETH breaking $4000, ENA's upward momentum may accelerate. 3- Pyth Network (PYTH) #PYTH , one of the popular altcoins of the Solana network, has shown a 12 percent performance in the last 24 hours. After breaking the $0.40 resistance, $PYTH reached $0.48 and the $0.50 band can be followed as a short-term target. 4- Render (RENDER) #RENDER , one of the popular names in artificial intelligence projects, has increased by 9 percent in the last 24 hours. RENDER, which finally managed to exceed $8, gave positive signals for both the parity and the artificial intelligence trend. 5- Beam (BEAM) #BEAM , which is seen as one of the potential altcoins of the upcoming bull season, has increased by 7 percent in the last 24 hours. BEAM, which also stands firm in BTC declines, continues to give confidence to its investors.

--

🧙‍♂️ The total stablecoin value is approaching $200 billion. 🧙‍♂️ Hong Kong announced plans to reduce crypto taxes for hedge funds and private equity. 🧙‍♂️The Japanese company Metaplanet plans to raise $62 million to buy more Bitcoin. The company currently holds 1,142 BTC. 🧙‍♂️ U.S. stock markets will be closed today due to Thanksgiving. $BTC $ETH $BNB

--

Ethereum'un kurucu ortaklarından Jeffrey Wilcke, 72,5 milyon dolar değerindeki $ETH'yi Kraken borsasına gönderdi.

--

Latest News

Ethereum's Price Breakout Sparks Altcoin Season Speculation

--

DEXX Attackers Test Token Exchange on EVM Chains

--

DEXX Attackers Test Token Exchange on EVM Chains

--

Potential Impact Of Trade Tariffs On US Dollar Strength

--

Ethereum Developers Reach Preliminary Consensus On Blob Size Increase

--

Cookie Preferences

ba-one-trust-cookie